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United States · Bill · HR

H.R. 2770 (105th)

To amend the Tariff Act of 1930 to provide for a deferral of the duty on large yachts imported for sale at boat shows in the United States.

openUnited States· United States Congress· EN

Introduced

29 October 1997

Last action

Status

For Further Action See H.R.4342.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Tariff Act of 1930 to permit the deferral of duty payment (until sale) on any large yacht (a vessel exceeding 79 feet in length and used primarily for recreation or pleasure) that is imported for sale at a boat show, if the importer of record: (1) certifies to the Customs Service that it is imported for sale at a boat show in the United States; and (2) posts a bond in an amount equal to twice the amount of the duty ordinarily owed on such yacht.

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Documents

3 official files

Introduced in House (text)

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